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they were planned before what happened here in newtown. but there were much larger crowds turning out than they had expected. you can see some of the evidence of what had been brought in. people were given $200 to bring in their zbns just hand them over to the authorities. ing the local reports say about 600 guns were turned in over the course of things event. some people saying to the authorities that they just needed to have those guns out of their homes. the president is calling for, quote, meaningful action on guns. many democrats are calling for strict new gun control laws. of course the assault weapons ban expired in 2004. there is some talk that maybe, maybe bringing that back would be a foot. the effect of what you saw in is an plan and oakland was different elsewhere. for instance, like arizona. some of the gun buyers in arizona became very afraid actually that this new national conversation, particularly my -- what happened this beautiful town, could make it very difficult all of a sudden to get certain kinds of guns. egg i eggin
they were planned before what happened here in newtown. but there were much larger crowds turning out than they had expected. you can see some of the evidence of what had been brought in. people were given $200 to bring in their zbns just hand them over to the authorities. ing the local reports say about 600 guns were turned in over the course of things event. some people saying to the authorities that they just needed to have those guns out of their homes. the president is calling for, quote,...
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we're live in newtown, connecticut. i know that many of the things we've discussed over the past years has been about finding an inner peace, and i wonder how people here will ever be able to do that. >> in the time like this, in the midst of crisis, we will naturally tend to come together to support each other, to listen to each other, to pray with each other, to grieve. they go through a cycle of denial, anger, and then ultimately they do recover. that's the interesting thing. in two years most people will have recovered. >> when you say recover, what do you mean by that? >> they move on to a normal or relatively normal life. some will never recover. some will get post-traumatic stress disorder and will need actually very specific treatments for that. the bigger question is are we going to be doing this show again in three months? unless we take action. >> another tragedy. >> another tragedy. >> so much of what you talk about -- i'm fascinated by your writing and what we talk about, is how to be present. to not get wo
we're live in newtown, connecticut. i know that many of the things we've discussed over the past years has been about finding an inner peace, and i wonder how people here will ever be able to do that. >> in the time like this, in the midst of crisis, we will naturally tend to come together to support each other, to listen to each other, to pray with each other, to grieve. they go through a cycle of denial, anger, and then ultimately they do recover. that's the interesting thing. in two...
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tory dunnaa joins ussfrom newtown... newtown...wiih the lateet on the investigatton, and today's funerals. funerals. 3 the first funeralss ere hell today for victims of friday's shooting at saady hook elemmntary two six-yyar-oods -- were laid to rest. as this tight--nit commmnity begins the diffultttask offsaying -3 goodbye -- the search for answers continues. we'reegoing to ensure that weeuucooer every bit of eeidence, we''e examining every facet of it, that we onddct as any interview with everyone that piccuree s to exaccly how and why this trrgeey occurrrd. two adults who were shot buu informaaiin. theeunspeakable tragedy hhs ssarked a debatt over gun ontrol and a culture - of violence in ammrica. we've -3 all got to be angry. this is the nra or us against the eetertainment iidustry. this -&pis all f us. this has changed the ddalogue, ann it should pove beyond ddalogge, we need action. a neelyyformed "nnwtown united," is calling for better gun controo. it plans to send a delegation to washington tuesddy. we have - phe
tory dunnaa joins ussfrom newtown... newtown...wiih the lateet on the investigatton, and today's funerals. funerals. 3 the first funeralss ere hell today for victims of friday's shooting at saady hook elemmntary two six-yyar-oods -- were laid to rest. as this tight--nit commmnity begins the diffultttask offsaying -3 goodbye -- the search for answers continues. we'reegoing to ensure that weeuucooer every bit of eeidence, we''e examining every facet of it, that we onddct as any interview with...
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line, live in newtown. again, as you look live in the auditorium, newtown high school, we're waiting president obama's remarks for the prayer service and as soon as he walks in. and we'll have that. and 26 people killed at sandy hook elementary school. 20 of them children, six and seven years old. our special coverage of the tragedy in connecticut continues after this. ♪ ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can ev
line, live in newtown. again, as you look live in the auditorium, newtown high school, we're waiting president obama's remarks for the prayer service and as soon as he walks in. and we'll have that. and 26 people killed at sandy hook elementary school. 20 of them children, six and seven years old. our special coverage of the tragedy in connecticut continues after this. ♪ ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me...
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i know you have been mourning with the folks in newtown. thanks very much. >> thanks, j. >> new developments on the fiska will cliff argument in washington. we expect to hear from them and will bring that briefing as soon as it begins. we will go back to newtown as the community struggles to make sense of this. the first funerals for the youngest victims begin. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios tend to weigh less than those who don't. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu
i know you have been mourning with the folks in newtown. thanks very much. >> thanks, j. >> new developments on the fiska will cliff argument in washington. we expect to hear from them and will bring that briefing as soon as it begins. we will go back to newtown as the community struggles to make sense of this. the first funerals for the youngest victims begin. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people...
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that includes newtown. he sat next to the president at last night's vigil. sir, thank you for joining me. as we speak, we are going to be scrolling the names of victims that we know who are going to be buried this week, as we talked about today we have two of the youngest victims that are going to be laid to rest. but the hartford courant listed the obituaries of the victims and we know those start today. you attended this vigil and so many of us watched last night. you met with some of these families. so talk to us about where these families are in their healing process, how they are coping as they prepare to say good-bye. >> well, thomas, it's impossible to explain. as a father of three kids myself, i can't imagine the grief they're feeling. i will say, though, that having the president in newtown last night was a very important step in our healing process. i saw not just a president last night, but a father, and someone really hurt to his core and his presence there last night i think meeting with the fa
that includes newtown. he sat next to the president at last night's vigil. sir, thank you for joining me. as we speak, we are going to be scrolling the names of victims that we know who are going to be buried this week, as we talked about today we have two of the youngest victims that are going to be laid to rest. but the hartford courant listed the obituaries of the victims and we know those start today. you attended this vigil and so many of us watched last night. you met with some of these...
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newtown system itself is a very, very loving caring school. the administrators, the teachers, most of the students usually adopt kids younger than them. no, there wasn't. >> all right. richard did you have occasion to meet his mother during the time that he was in school, nancy lanza? >> yes, often. >> tell us about her. >> she was a great person. i liked her very, very much. she was the type of parent who interacted with her children, was deeply involved in the educational process. friends were probably chosen well. the activities she was involved in all of the time. >> how did see ahe and her son interact? >> tough to say. quite well. there was a difference between twot boys. one was out going and energeti adam was withdrawn and shy. the idea was to inject him into an environment where he would thrive and maybe grow and come out of his world. >> were you surprised when you heard all of this? >> shocked. i am still shocked. >> why? >> this is a boy who was more likely a victim which is why i would watch him very closely rather than be the per
newtown system itself is a very, very loving caring school. the administrators, the teachers, most of the students usually adopt kids younger than them. no, there wasn't. >> all right. richard did you have occasion to meet his mother during the time that he was in school, nancy lanza? >> yes, often. >> tell us about her. >> she was a great person. i liked her very, very much. she was the type of parent who interacted with her children, was deeply involved in the...
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many cops during a typical weekday in newtown connecticut? >> four or five. >> why can't one cop stay in a patrol car outside of school? >> let's face it law enforcement the demands on law enforcement are increasing. when you don't have the resources to devote to one school. >> ken trump do you have an opinion on that? what do you think? >> all of the ideas starting to trickle out of washington and some of the broader things that you talked about. we have school research officers in a number of our schools. we the cops and schools program funded. it has been eliminated. it was eliminated and the u.s. department of education two years ago eliminated completely. they provided security equipment. i understand that hasn't been founded this year. i have to point after wondering in the last couple days like you in newtown. my question is do we need to do something new and go back to the fundamentals go back to the things there and find out why people stop that when there wasn't a crisis in the headlines. >> do you think the president has failed do
many cops during a typical weekday in newtown connecticut? >> four or five. >> why can't one cop stay in a patrol car outside of school? >> let's face it law enforcement the demands on law enforcement are increasing. when you don't have the resources to devote to one school. >> ken trump do you have an opinion on that? what do you think? >> all of the ideas starting to trickle out of washington and some of the broader things that you talked about. we have school...
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feels like membership. >>> we are back live in newtown, connecticut, where just moments ago at newtown high school, where the president was yesterday, we saw the most heartrending scene, a parent bringing a toddler to a makeshift memorial that has come up and that child placing flowers at the scene. it's been repeated all across this town over the last three days. we will have much more for you on this tragedy coming up. >>> in the meantime, back in washington, for the first time in the fiscal cliff talks, sources tell nbc news that president obama and speaker boehner are now, quote, in the ballpark. the big breakthrough came when speaker boehner offered to raise income tax rates on the highest earners, those making $1 million a year. boehner also offered to take the debt ceiling fight off the table for a year. let's bring in democratic strategist chris and republican strategist david winston. chris, could these latest developments actually lead to a deal? what do you think? >> i think there is definitely some progress towards that. we'll see in the next few days. i think especially in
feels like membership. >>> we are back live in newtown, connecticut, where just moments ago at newtown high school, where the president was yesterday, we saw the most heartrending scene, a parent bringing a toddler to a makeshift memorial that has come up and that child placing flowers at the scene. it's been repeated all across this town over the last three days. we will have much more for you on this tragedy coming up. >>> in the meantime, back in washington, for the first...
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this is how newtown will be remembered. and with time and god's grace, that love will see you through. >> reporter: the president also met with victims' family members at a vigil to remember the lives lost in friday's tragedy. today, the first of many funerals. being laid to rest this afternoon, 6-year-old noah pozner. he has a twin sister, who family members say doesn't know the exact way her brother died. also being laid to rest, jack pinto. he's a big giants fan. cruz wrote a tribute to jack pinto on his cleats, saying jack pinto, my hero. >> this is hard to talk about. the whole concept of returning to school. i know there's a plan for sandy hook kids to return to school. what are they? >> right now, all schools here in newtown will be closed today, so that staff can talk to experts to see how best to talk to their students, to handle the aftermath of friday's shooting. tomorrow, school will resume, except for sandy hook elementary. they are talking to schools in a neighboring town to see if students can be accommodated
this is how newtown will be remembered. and with time and god's grace, that love will see you through. >> reporter: the president also met with victims' family members at a vigil to remember the lives lost in friday's tragedy. today, the first of many funerals. being laid to rest this afternoon, 6-year-old noah pozner. he has a twin sister, who family members say doesn't know the exact way her brother died. also being laid to rest, jack pinto. he's a big giants fan. cruz wrote a tribute...
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now back to newtown, connecticut. hey, brooke. >> john berman, thanks so much. >>> just into us, senator dianne feinstein talking to cnn, poignant statement here, pointed about gun control specifically as she's talking there to dana bash. she is pushing for a ban on assault weapons. we will share with you what she just revealed. also, don lemon, he joins me on his conversation with friends of the gunman's mother. that's next. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management trying to find a better job can likbe frustrating.gs, so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to
now back to newtown, connecticut. hey, brooke. >> john berman, thanks so much. >>> just into us, senator dianne feinstein talking to cnn, poignant statement here, pointed about gun control specifically as she's talking there to dana bash. she is pushing for a ban on assault weapons. we will share with you what she just revealed. also, don lemon, he joins me on his conversation with friends of the gunman's mother. that's next. it's hard to see opportunity in today's challenging...
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away tears offered his consolation and prayers last night at a vigil for the victims of the tragedy in newtown, connecticut. >> all across this land of ours we have wept with you. we've pulled our children tight. >> today funerals will be held for two of the children that died in the shooting as their community continues to search for answers. one of the teachers at sandy hook described the difficulties in moving forward in the wake of a tragedy. >> it seems as though the expression i'll take this one day at a time it becomes i'll take this one minute at a time. >> across the country americans who had never before heard of newtown, connecticut, are grieving for those who are lost. yesterday american sports heroes made the town their own. the new york giants wore the school's initials on their helmets. the new england patriots sent up 26 flares to honor the victims, and the players on the miami heat hugged their own children during a moment of silence. after tucson, fort hood, aurora, and oak creek, it is newtown that may end up being the inflexion point for measurable change. president obama s
away tears offered his consolation and prayers last night at a vigil for the victims of the tragedy in newtown, connecticut. >> all across this land of ours we have wept with you. we've pulled our children tight. >> today funerals will be held for two of the children that died in the shooting as their community continues to search for answers. one of the teachers at sandy hook described the difficulties in moving forward in the wake of a tragedy. >> it seems as though the...
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>> mike tobin reporting from newtown, connecticut. mike, thanks for that. now, let's bring in fox news correspondent molly line. who has been finding out more about the victims of the shooting rampage. molly? >> chris, all across this small community, people are just beginning to come to grips with their grief and they are coming together. joined through prayer and mourning. >> the small makeshift memorials are everywhere. flowers, balloons and handwritten signs. some talked with christmas decorations a reminder of celebrations that for many families in this tightly nit community of newtown will never be. >> one of the mothers told me on thursday he asked her what dying was about. and, you know, then the next day he died. >> monday senior robert weiss is accustomed to cover the grieved. i-people move here because this is a safe place, a small town where neighbors know neighbors. dana lives mere the elementary school. >> i'm numbed still. you hear about this happening but never here in your backyard. >> over the next several days there will be dozens of fune
>> mike tobin reporting from newtown, connecticut. mike, thanks for that. now, let's bring in fox news correspondent molly line. who has been finding out more about the victims of the shooting rampage. molly? >> chris, all across this small community, people are just beginning to come to grips with their grief and they are coming together. joined through prayer and mourning. >> the small makeshift memorials are everywhere. flowers, balloons and handwritten signs. some talked...
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happy valley, oregon, on tuesday, a mall shooting, and then, of course, newtown on friday. that all happened -- >> two policemen in kansas. >> in one week. in one week. >> we should have a conversation about mental health and how we help people who are clearly at a breaking point, and we can have a conversation about violence in the media, but the commonality of all the events you just described is guns and in many cases illegal guns, and so the conversation that i think americans really want to have right now is what we do to reduce the amount of illegal gun violence in this country. we've done it in new york. this is the safest big city in the country. there are other large cities that are making real inroads against gun violence, but at the local level mayors and governors can't do it without leadership at the federal level, and, again, the passion and the comforting words from the president, they're important, but they're not nearly as important as the kind of leadership that he and congressman larson, his colleagues in congress, need to demonstrate now to get something
happy valley, oregon, on tuesday, a mall shooting, and then, of course, newtown on friday. that all happened -- >> two policemen in kansas. >> in one week. in one week. >> we should have a conversation about mental health and how we help people who are clearly at a breaking point, and we can have a conversation about violence in the media, but the commonality of all the events you just described is guns and in many cases illegal guns, and so the conversation that i think...
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you say newtown and people know exactly where it is. they'll move on, but it's the images of the parents at the firehouse and some of them retrieving their kids and the parents left without the children. i saw tears in eyes and that's the image that they will never forget. >> you noticed it while we talked about it, thing i know i will take away when we go and when we leave is the sense of community of how people have just come together. one person said i know we will be remembered as newtown where this massacre happened, but i also want to be remembered as a town where the community fought back. fought to be remembered for something other than this tragedy. >> not just beam within the town, but around connecticut. governor malloy broke down into tears and reaching out to the town. >> a lot of strength though. >> you are getting emotional. >> we all are. >> understandably so. good report. thank you. >> there have been many breakthroughs in medical science. what have we learned about what goes on inside the minds of serial killers? sanja
you say newtown and people know exactly where it is. they'll move on, but it's the images of the parents at the firehouse and some of them retrieving their kids and the parents left without the children. i saw tears in eyes and that's the image that they will never forget. >> you noticed it while we talked about it, thing i know i will take away when we go and when we leave is the sense of community of how people have just come together. one person said i know we will be remembered as...
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i have been in newtown many times. it is the one town of all of the towns in connecticut i never would have expected it to happen. they call it the safest town in america i think 6th or 7th state. it does take the innocence away from all of it. this was not a city with urban problems or the rest of it. this is an idealic little town. image it's not that big a town. just image christmas. it is very, very difficult. >> -- survivor's guilt is huge. >> we are up against a break here. we are going to talk about other facets of the story. one thing that is important to note. we protect -- think about every sipping el bank you have ever been to. tell me one time you see a bank where it is not guarded with someone with or without a gun somebody who knows what they are doing. you show me a bank without a guard i will show you the bank that is not going to get r-- i show you the bank that will get robbed. put someone who knows how to handle himself and a weapon at the door of any school in america. if we can do it for banks we c
i have been in newtown many times. it is the one town of all of the towns in connecticut i never would have expected it to happen. they call it the safest town in america i think 6th or 7th state. it does take the innocence away from all of it. this was not a city with urban problems or the rest of it. this is an idealic little town. image it's not that big a town. just image christmas. it is very, very difficult. >> -- survivor's guilt is huge. >> we are up against a break here. we...
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>> newtown connecticut. i heard that over the weekend. >> stephanie: christof, do we have the courage to stop this in "the new york times" yesterday. one of the best pieces i saw in the harrowing aftermath of the shooting in connecticut one thought wells in my mind. why can't we regulate guns as seriously as we do cars. the fundamental reason is not because we have lunatics or criminals, all countries have them. but that we all suffer from a political failure to regulate guns. children age 5 to 14 in america are 13 times as likely to be murdered with guns as children in other industrialized countries. seriously, is that -- i get it. oh, we have more freedom. is that the price you want to pay your kids? >> we don't allow blind people to drive. we shouldn't allow mentally ill people to have assault weapons. >> stephanie: let's treat firearms rationally as the center of a public health crisis that claims one life every 20 minutes. the united states isn't going to ban guns but we can take steps to reduce the car
>> newtown connecticut. i heard that over the weekend. >> stephanie: christof, do we have the courage to stop this in "the new york times" yesterday. one of the best pieces i saw in the harrowing aftermath of the shooting in connecticut one thought wells in my mind. why can't we regulate guns as seriously as we do cars. the fundamental reason is not because we have lunatics or criminals, all countries have them. but that we all suffer from a political failure to regulate...
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i received a call at our office that a shooting had taken place at a school near newtown. once we understood at least a portion of what had happened, got in the car and proceeded down to newtown from hartford. and then, you know, hours went by. and ultimately had to break it to the families, about 20 of the families represented in the room at the fire house that their loved one was not going to be joined with them. and that obviously was a tough moment for me. and i think for everyone. and, by the way, i shouldn't even say that. so much tougher for people who lost a wife or a child. but it was -- it's been a couple of tough days. >> what do you know now as we talk to pete williams about the investigation? do you have any more information that you're yet getting from your investigators that would explain why he targeted this school, why he went on this rampage at all? >> you know, as i think was stated, he had a relationship to the school. had attended there. at least that's what i'm led to believe. but beyond that, no, we really don't know a whole lot. this is a very deepl
i received a call at our office that a shooting had taken place at a school near newtown. once we understood at least a portion of what had happened, got in the car and proceeded down to newtown from hartford. and then, you know, hours went by. and ultimately had to break it to the families, about 20 of the families represented in the room at the fire house that their loved one was not going to be joined with them. and that obviously was a tough moment for me. and i think for everyone. and, by...
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president obama says he will use whatever power he has to prevent another massacre like the one in newtown, connecticut. what can be done, if politics is the art of the possible? where does the possible reside in america? we talk solutions today on "power lunch." my partner, sue herera, sue? >> let's look at where major averages sit right now. just a second ago, we were up 80 point on the dow. we are close to the highs of this session so far. nasdaq composite is up 29 on the trading session and s&p 45u7b is up 13. it is that optimism over the fiscal cliff which increased over the weekend after house speaker boehner edged ever closer to president obama's position. indeed, the speaker met with the president at the white house this morning. eamon javers is at the white house. eamon? >> previous meetings between the president and speaker had been telegraphed a little bit. this one was not today. this is an interesting development but a grim-faced speaker bainer who arrived back up on capitol hill not talking to reporters. we don't yet have a sense of what was in the meeting, what the substance
president obama says he will use whatever power he has to prevent another massacre like the one in newtown, connecticut. what can be done, if politics is the art of the possible? where does the possible reside in america? we talk solutions today on "power lunch." my partner, sue herera, sue? >> let's look at where major averages sit right now. just a second ago, we were up 80 point on the dow. we are close to the highs of this session so far. nasdaq composite is up 29 on the...
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the newtown schools close today. students who did not attend sandy hook elementary will begin returning to school tomorrow. it's going to be one small step toward recovery. but this is going to be a long, long road ahead. danielle leigh now back to you. >> thanks for that. coming up next we're going to count down to 2013 and welcome our guest host and squawk market master, bob doll, chief equity strategy at nuveen investments. he'll join us for the remainder of the show when we return. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> welcome back to "squ
the newtown schools close today. students who did not attend sandy hook elementary will begin returning to school tomorrow. it's going to be one small step toward recovery. but this is going to be a long, long road ahead. danielle leigh now back to you. >> thanks for that. coming up next we're going to count down to 2013 and welcome our guest host and squawk market master, bob doll, chief equity strategy at nuveen investments. he'll join us for the remainder of the show when we return. [...
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nbc's danielle lee is live in newtown with more. danielle? >> good afternoon. today is the first in a long hard week ahead as families begin saying good-bye to loved ones and burying those victims who did not survive last woke's tragedy. first two funerals were held today. the first for 6-year-old noah posner, whose twin sitter survived in another room. and jack pinto. there is a lot of evidence both from the school and shooter's home and now they are beginning the long process of going through that evidence. they say they hope it will point to a motive. teachers today are meeting to discuss how best to hand they'll tragedy, moving forward as student begin to return to classrooms. student who attended sandy hook are indefinitely excused. >>> president obama met with families yesterday and vowed to do what it took to stop this from ever happening again. hampton pearson has more. hampton? >> the president in the coming weeks will engage for new solutions. >> to engage broadly, law officials and mental health officials and educators. because this complex problem r
nbc's danielle lee is live in newtown with more. danielle? >> good afternoon. today is the first in a long hard week ahead as families begin saying good-bye to loved ones and burying those victims who did not survive last woke's tragedy. first two funerals were held today. the first for 6-year-old noah posner, whose twin sitter survived in another room. and jack pinto. there is a lot of evidence both from the school and shooter's home and now they are beginning the long process of going...
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the newtown shooting will probably spike gun permits. in truth, the gun industry has been growing for the past few years. a presentation this month, smith-ansmith and wesson on track to exceed last year's total of 2.7 billion. a powerful motivator for gun owners, nra telling members in october a sweeping gun ban would be a near certainty in obama's second term. it's not the first time that's happened. 1994 marked the prior peak in u.s. gun manufacturing, the expired ban on assault rifles went into effect. the increase to the rush to make and buy these weapons prior to the ban. rising market lead low since 2008, when obama was elected. in fact, background checks by the fbi set a monthly record of over 1.5 million last month and marked the 30th straight check in gun applications. largest single day, black friday. checks don't always translate into sales, but certainly reflect interesting guns. the guns at smith & wesson. the stocks like gun sales showing upward trend over the past few years. a trend smith & wesson seeing continuing. 35% to
the newtown shooting will probably spike gun permits. in truth, the gun industry has been growing for the past few years. a presentation this month, smith-ansmith and wesson on track to exceed last year's total of 2.7 billion. a powerful motivator for gun owners, nra telling members in october a sweeping gun ban would be a near certainty in obama's second term. it's not the first time that's happened. 1994 marked the prior peak in u.s. gun manufacturing, the expired ban on assault rifles went...
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president obama says he will use whatever power he has to prevent another massacre like the one in newtown, connecticut. we focus on solutions today on power lunch. now back to scott. >> all right, tyler, thanks so much. caterpillar has struggled to gain momentum this year. the stock is down about 2%, underperforming the market but with china picking up steam is the stock ready to break out? joe terranova says it's time to get bullish, weiss sees headwinds ahead. let's debate it here. what's the problem with caterpillar? shouldn't the stock start rising? >> china's also getting more competitive. and you've got two thirds of cat is in nonmining, but the interesting thing is the third that is in mining, those margins are twice as high as they're average, so with all the cuts in production, lower the numbers for next year you're going to see more pressure on that. dirkly in the construction market it's also more competitive. san francisco, just announced $1.7 project in san fran that's funded by china development bank. guess who's bringing the equipment? my bet is it's going to be the chinese
president obama says he will use whatever power he has to prevent another massacre like the one in newtown, connecticut. we focus on solutions today on power lunch. now back to scott. >> all right, tyler, thanks so much. caterpillar has struggled to gain momentum this year. the stock is down about 2%, underperforming the market but with china picking up steam is the stock ready to break out? joe terranova says it's time to get bullish, weiss sees headwinds ahead. let's debate it here....